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Australian Home Prices Strong as RBA Seen Standing Pat

(Bloomberg) -- Australian home prices stayed strong in September, driven by soaring demand and outweighing the impact of the central bank’s aggressive policy tightening campaign.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineWhy a US Recession Is Still Likely — and Coming SoonMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government Shutd...
South Australia New South Wales Bloomberg Businessweek Corelogic Inc Tim Lawless Reserve Bank
Source: yahoo.com

BNY Mellon beats second-quarter profit estimates on higher rates

Higher rates have helped several big U.S. banks post strong profit for the quarter and signal a resilient economy, but a pullback in consumer spending and tightening credit conditions are clouding the sector's outlook. On an adjusted basis, it reported a profit of $1.38 per share, comfortably beating analysts' average estimate of $1.22 per share, according to Refinitiv IBES data. The upbeat results follow a tumultuous first quarter in which a global banking crisis - triggered by the ...
Devika Syamnath Jaiveer Singh Shekhawat York Mellon Corp New York Mellon Corp Wall Street New York Based
Source: yahoo.com

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